Fewer Medicare Patients for Specialists Due to Consult Code Cuts
As a result, large percentages of respondents say they have changed their practices in the following ways to compensate for the reduced pay:
Survey respondents included members of specialty societies in allergy, asthma and immunology; neurology; otolaryngology; clinical endocrinology; cardiology; gastroenterology; rheumatology; gastroenterology; psychiatry; clinical oncology; gastrointestinal endoscopy; hematology; urology; heart rhythm; infectious diseases; cardiovascular angiography, and endocrinology.
Mazer shares concerns from many specialists that commercial health plans will also eliminate consult codes, exacerbating the problem.
In a letter last month to CMS, these 17 specialty societies and another 16 professional physician organizations, said the AMA survey disproves federal officials' contention last year that Medicare revenues would decline by no more than 3%.
- CMS Sets 2014 Pay Rates for Hospital Outpatient and Physician Services
- FDA hopes hospitals will switch to newly regulated pharmacies
- The 5 Biggest Healthcare Finance Trouble Spots
- Not-for-Profit Hospitals Find Opportunity Amid Uncertainty
- Nonprofit Hospital Outlook 'Negative' in 2014
- The Most Polarizing Topics in Healthcare IT
- Are ACOs Really Different from HMOs?
- How CPOE Will Make Healthcare Smarter
- Why You Should Involve Patients in Nursing Handoffs
- Rise of the Chief Strategy Officer